ETF Overlap Tool
Enter up to six ETFs to see how much of each is the same securities. Overlap by weight is the sum, over every holding two funds share, of the smaller of the two weights: 100% means identical portfolios, 0% means nothing in common.
Overlap by weight
1369 holdings in all 2 funds| Fund | SPDW | TLTD | Positions | Holdings |
|---|---|---|---|---|
| SPDWState Street SPDR Portfolio Developed World ex-US ETF | — | 60% 1369 shared |
2,421 | as of Oct 20, 2026issuer data |
| TLTDNorthern Trust Morningstar Developed Markets ex-US Factor Tilt ETF | 60% 1369 shared | — | 2,256 | as of Jul 31, 2026SEC filing |
Each cell: overlap by weight, and how many positions the two funds share. Stocks, funds and bonds are compared, a bond by its own identifier and a Treasury bill by its maturity date; cash and derivatives are not, and a fund that is partly either shows how much of it is compared.
Held by both funds
60.3% common weight| Holding | SPDW | TLTD | Smallest |
|---|---|---|---|
| ASML | 1.93% | 1.21% | 1.21% |
| HSBC HOLDINGS PLC | 0.96% | 1.17% | 0.96% |
| SHEL | 0.92% | 0.81% | 0.81% |
| TOYOTA MOTOR CORP | 0.72% | 0.72% | 0.72% |
| SAN | 0.60% | 0.65% | 0.60% |
| NOVARTIS AG REG | 0.85% | 0.57% | 0.57% |
| TTE | 0.57% | 0.59% | 0.57% |
| ROCHE HOLDING AG | 1.01% | 0.56% | 0.56% |
| ALLIANZ SE REG | 0.55% | 0.61% | 0.55% |
| RY | 0.85% | 0.54% | 0.54% |
| AZN | 0.80% | 0.51% | 0.51% |
| MITSUBISHI UFJ FINANCIAL GRO | 0.78% | 0.47% | 0.47% |
| SUMITOMO MITSUI FINANCIAL GR | 0.47% | 0.53% | 0.47% |
| NESTLE SA REG | 0.79% | 0.46% | 0.46% |
| BBVA | 0.45% | 0.51% | 0.45% |
| SIEMENS AG REG | 0.65% | 0.43% | 0.43% |
| RIO | 0.42% | 0.42% | 0.42% |
| UNICREDIT SPA | 0.41% | 0.46% | 0.41% |
| BHP | 0.65% | 0.40% | 0.40% |
| COMMONWEALTH BANK OF AUSTRAL | 0.56% | 0.38% | 0.38% |
| BRITISH AMERICAN TOBACCO PLC | 0.37% | 0.43% | 0.37% |
| TD | 0.62% | 0.37% | 0.37% |
| MIZUHO FINANCIAL GROUP INC | 0.37% | 0.40% | 0.37% |
| BP PLC | 0.42% | 0.36% | 0.36% |
| BNS | 0.36% | 0.36% | 0.36% |
| SAP | 0.72% | 0.34% | 0.34% |
| SCHNEIDER ELECTRIC SE | 0.47% | 0.33% | 0.33% |
| INTESA SANPAOLO | 0.33% | 0.36% | 0.33% |
| TOKIO MARINE HOLDINGS INC | 0.31% | 0.33% | 0.31% |
| GSK | 0.31% | 0.35% | 0.31% |
| CNQ | 0.34% | 0.30% | 0.30% |
| ING GROEP NV | 0.30% | 0.34% | 0.30% |
| DEUTSCHE TELEKOM AG REG | 0.30% | 0.35% | 0.30% |
| BNP PARIBAS | 0.30% | 0.42% | 0.30% |
| UBS GROUP AG REG | 0.46% | 0.30% | 0.30% |
| ROLLS ROYCE HOLDINGS PLC | 0.48% | 0.30% | 0.30% |
| ADVANTEST CORP | 0.51% | 0.29% | 0.29% |
| TOKYO ELECTRON LTD | 0.46% | 0.29% | 0.29% |
| SHOP | 0.65% | 0.28% | 0.28% |
| ITOCHU CORP | 0.31% | 0.28% | 0.28% |
| ABB LTD REG | 0.42% | 0.28% | 0.28% |
| HITACHI LTD | 0.51% | 0.28% | 0.28% |
| LLOYDS BANKING GROUP PLC | 0.28% | 0.28% | 0.28% |
| SANOFI | 0.28% | 0.30% | 0.28% |
| IBERDROLA SA | 0.46% | 0.27% | 0.27% |
| NOVO NORDISK A/S B | 0.38% | 0.27% | 0.27% |
| AXA SA | 0.27% | 0.28% | 0.27% |
| LVMH MOET HENNESSY LOUIS VUI | 0.34% | 0.26% | 0.26% |
| SU | 0.28% | 0.26% | 0.26% |
| SONY GROUP CORP | 0.48% | 0.26% | 0.26% |
| SIEMENS ENERGY AG | 0.32% | 0.26% | 0.26% |
| BMO | 0.36% | 0.25% | 0.25% |
| UNILEVER PLC | 0.45% | 0.25% | 0.25% |
| SAFRAN SA | 0.36% | 0.25% | 0.25% |
| AIRBUS SE | 0.41% | 0.24% | 0.24% |
| ENEL SPA | 0.24% | 0.27% | 0.24% |
| MUENCHENER RUECKVER AG REG | 0.25% | 0.24% | 0.24% |
| BARCLAYS PLC | 0.24% | 0.30% | 0.24% |
| OVERSEA CHINESE BANKING CORP | 0.27% | 0.23% | 0.23% |
| INVESTOR AB B SHS | 0.23% | 0.25% | 0.23% |
Reading overlap
Two funds with 80% overlap move together and holding both mostly doubles one exposure and both fees. Low overlap is not the same as diversification: two funds can share no holdings and still be driven by the same factor. To see what a whole portfolio owns, use the portfolio x-ray.
Holdings come from each issuer's daily file where we have one and otherwise from the fund's latest SEC filing, so the two sides of a comparison can be from different dates. The table shows each fund's date.
Bond funds are matched issue by issue: two Treasury funds overlap only where they hold the same bill, note or bond. A fund of short-dated bills replaces its whole portfolio every few months, so holdings from an older filing may have matured; the table says when they have.
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.